HAMILTON — Billtrust, a township-based provider of outsourced billing services, this week announced a merger with Mark Altman & Associates, a billing service based in Hudson, Mass., that serves municipal, utility and private-sector customers across the United States. Billtrust said the merger will enable it to accelerate its growth in key municipal and utility markets.

“We wanted to get into the municipalities base. This (merger) allows us quick entry into a new vertical industry,” said Billtrust CEO Flint Lane. “Our shared commitment to improving our customers’ business operations will certainly have a positive influence in reducing their costs and increasing efficiency.”

Billtrust had 65 employees last year, but the number has since swelled to 110, including 20 from MA&A, Lane said.

“We share a focus on reliability and an unwavering commitment to customer service. This natural synergy was a primary motivation for our strategic merger,” MA&A founder and new Billtrust Group President Mark Altman said in a prepared statement.

The merger paves the way for more job creation in the area, Lane said, with about 20 more job openings for developers and project managers in the Hamilton area.
Billtrust has already begun to transition MA&A customers and the clients they serve to Billtrust.

Customers will have access to Billtrust’s electronic platform, which enables them to view bill and payments online and via mobile devices.

The merger took place in December, but was just announced this week. Also in December, Billtrust moved from Jamesburg to its new corporate address at 100 American Metro Blvd. in Hamilton. The new location is convenient to major commerce centers such as New York and Philadelphia.

Billtrust serves hundreds of small and mid-size companies as well as Fortune 500 brands such as Kraft Foods, Toshiba and Callaway Golf, the company said.